full year report fy11, page-4

taking in all the positive spin on results

what stands out for me its:

without CR and SPP FML would have brought home a negative cash balance

for me there are signs of FML starting to spread too "thin" - expenditure is just keeping up with income

FML is taking on/over CRE who just brought in a 50 mill loss for the year

As much as I agreed on " aggressively expanding into a rising gold price" would now like to see some actual plans in place and announced to SH and a massive reigning in on costs on more control on exploration

Yes - I agree that this has been a good phase for laying future foundations - but now needs to be mitigated by a period of solid earnings and rebuilding the cash coffers.

FML is currently still mining low grades - and unless we can access higher grades cost control appears to be an issue.

I would think that unless FML comes out with pro-active announcement real soon (as of this Thursday) SP will be stagnant if not retro-grade.